WILLIAM DONALD SCHAEFER, Governor                   Ch. 516

(4) An annual State tax is imposed on all assessable
property in the State in rate and amount sufficient to pay the
principal of and interest on the bonds, as and when due and until
paid in full. The principal shall be discharged within 15 years
after, the date of issue of the bonds.

(5) Prior to the payment of any funds under the provisions
of this Act for the purposes set forth in Section 1(3) above, the
President and Commissioners of North East or the Upper Bay Museum
or both shall provide at least an equal and matching fund of
$37,500 $75,000. No part of an applicant's matching fund may be
provided, either directly or indirectly, from funds of the State,
whether appropriated or unappropriated. The No part of the fund
may consist of real property, in kind contributions, and or funds
expended prior to the effective date of this Act. In case of any
dispute as to what money or assets may qualify as matching funds,
the Board of Public Works shall determine the matter, and the
Board's decision is final. The President and Commissioners of
North East or the Upper Bay Museum or both have until June 1,
1990, to present evidence satisfactory to the Board of Public

Works that the matching fund will be provided. If satisfactory

evidence is presented, the Board shall certify this fact to the
State Treasurer and the proceeds of the loan shall be expended
for the purposes provided in this Act. If this evidence is not
presented by June 1, 1990, the proceeds of the loan shall be
applied to the purposes authorized in § 8-129 of the State
Finance and Procurement Article.

(6) The Town of North East Upper Bay Museum shall grant and
convey a perpetual preservation easement on the exterior and
interior of the structures, where appropriate, and on land to the
Maryland Historical Trust in form and substance acceptable to the
Trust.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect June 1, 1988.

Approved May 17, 1988.

CHAPTER 516

(House Bill 1411)

AN ACT concerning

Talbot County - Alcoholic Beverages - Wine

FOR the purpose of including Talbot County among those counties
that authorize a holder of a Class 3 or Class 4

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